Versum Materials

Last updated
Versum Materials, Inc.
Company type Subsidiary of Merck Group
IndustryChemicals
FoundedOctober 3, 2016;8 years ago (2016-10-03) in Tempe, Arizona, United States
Headquarters
Tempe, Arizona
,
U.S.
Area served
Global
Key people
Guillermo Novo, President, CEO & Director
ProductsSpecialty materials for the semiconductor and display industries
Number of employees
2,200 (2017)
Parent Merck Group
Website www.versummaterials.com

Versum Materials, Inc. is an American company that manufactures chemical-mechanical planarization slurries, ultra-thin dielectric and metal precursors of film, formulated cleans and etching products, and delivery equipment for the semiconductor industry. It is a subsidiary of Merck Group.

History

On October 3, 2016, Air Products & Chemicals completed the corporate spin-off of the company. [1]

In 2017, the company acquired Dynaloy from Eastman Chemical Company for approximately $13 million to expand its Surface Prep and Cleans business. [2]

In January 2019, Versum merged with Entegris. [3]

In October 2019, Merck Group acquired the company. [4]

References

  1. ↑ "Products names material technologies spinoff". Lehigh Valley Business. November 5, 2015.
  2. ↑ "Versum Materials to Acquire Dynaloy, a Leading Cleans Solutions Supplier for Semiconductor Advanced Packaging" (Press release). Business Wire. July 11, 2017.
  3. ↑ Mattioli, Dana (2019-01-28). "Versum Materials, Entegris Announce Stock-Swap Merger Deal". Wall Street Journal. ISSN   0099-9660 . Retrieved 2025-08-17.
  4. ↑ "Merck KGaA, Darmstadt, Germany, Completes Acquisition of Versum Materials" (Press release). Business Wire. October 7, 2019.
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